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The following relates to income statement of Amman Company for the year ended 2018: Purchases = 180,000 JD Purchase Returns = 5,000 Sales = 240,000

The following relates to income statement of Amman Company for the year ended 2018:

Purchases = 180,000 JD Purchase Returns = 5,000 Sales = 240,000 Cost of goods sold = 210,000 Ending inventory = 30,000

What is the beginning inventory? (2 Points)

6,000

65,000

55,000

50,000

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